Tapioca Express vs Wow Wow Hawaiian Lemonade Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tapioca Express vs Wow Wow Hawaiian Lemonade including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$200,000 - $420,000 | $194,500 - $312,600 |
Franchise Fee |
$15,000 | $30,000 |
Royalty Fee |
$0.055/cup | 4% - 6% |
Advertising Fee |
- | 2% |
Year Founded |
1999 | 2016 |
Year Franchised |
2000 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
$3K for 2 years | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 5
100% of current franchisees are owner/operators | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Tapioca Express
Wayne and Stephanie, passionate about their Taiwanese heritage, opened
the first Tapioca Express store in the San Gabriel Valley in 1999 �" one
of the very first boba chains in the United States. Since the beginning,
Tapioca Express has harvested the finest ingredients from Taiwan and
continually provides quality teas, boba, and snacks. However, we did not
foresee that boba’s popularity would manifest into its own culture and
become an everyday lifestyle. Today, Tapioca Express expands across
California and into other states, including Washington, Texas, and
Virginia. In our two decades of experience in brewing, we focus on
nurturing and enriching communities with the finest teas, coffee, and
boba.
Tapioca beverage is a various combination of black or green tea, milk, juice, coffee, and small marbles of tapioca (a.k.a. "black pearl" or "boba", made from Tapioca starch, water, corn starch and natural flavors.) It originated in Tai-Chung City (in Taiwan) around 1981, and soon spread across Asia. In the late 90s, it traveled to North America and has quickly become a raging trendy drink on both coasts. It is perceived as a relatively healthier beverage than soft drinks or coffee, and a lot more fun, too.Tapioca Express was the first in North America to offer a wide selection of high quality tapioca beverage adhering to a consistently high professional standard.
Since opening its first store in the city of Alhambra (located in the Greater Los Angeles, California),
Tapioca Express has become synonymous to quality and innovation.
About Wow Wow Hawaiian Lemonade
The beauty of franchising our concept is that it allows us to bring our
love to more places. Bring the Spirit of Aloha to your neighborhood. Be among the first to
open your very own Wow Wow Hawaiian Lemonade franchise on the mainland.
Serve up the fresh, handcrafted lemonades, super-food acai bowls, and
avocado toasts that are synonymous with the Aloha State to a marketplace
that has nothing like it.
We are looking for single-unit and multi-unit
owners who want to be the first to bring our fast-casual franchise to
market.
The total investment necessary to begin operation of a Wow Wow
franchised business is between $194,500 and $312,600 This includes
between $27,400 and $38,000 that must be paid to the franchisor.
The total investment necessary to begin operation of a Wow Wow Multi-Unit
business is a minimum of $ 199,500, with no maximum. This includes a
minimum of $32,400 that must be paid to the franchise.
Seeking new franchise units in the following states:
Arizona, California, Florida, Hawaii, Idaho, North Carolina, New Mexico, Nevada, South Carolina, Texas, Utah and Washington